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Monopoly Transactions
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Accounting Monopoly
==Example Transactions
==
Transaction
Account Classification
Description
Debit
Credit
Purchased house for property on Park Place
Asset
Asset
Houses
Cash
$125
Remember to review all expense accounts before classifying an expense as a Miscellaneous Expense.
There are only two kinds of income: Rent Income and Other Income. When you MAKE money, it will affect one of these accounts.
Monopoly Information and explanation continue...
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Accounting Monopoly
==Example Transactions
==
Asset
Cash
Remember to review all expense accounts before classifying an expense as a Miscellaneous Expense.
There are only two kinds of income: Rent Income and Other Income. When you MAKE money, it will affect one of these accounts.
Monopoly Information and explanation continue...